Mistral-Small-3.2-24B-Instruct-2506 is an updated 24B parameter model from Mistral optimized for instruction following, repetition reduction, and improved function calling. Compared to the 3.1 release, version 3.2 significantly improves acc…
Model details →Mistral: Mistral Small 3.2 24B vs OpenAI: GPT-5.4 Nano
Mistral: Mistral Small 3.2 24B and OpenAI: GPT-5.4 Nano are evenly matched on 6 axes — pick the one whose provider, latency, or licensing fits your stack.
GPT-5.4 nano is the most lightweight and cost-efficient variant of the GPT-5.4 family, optimized for speed-critical and high-volume tasks. It supports text and image inputs and is designed for low-latency...
Model details →Side-by-side comparison
| Capability | Mistral: Mistral Small 3.2 24B | OpenAI: GPT-5.4 Nano | Winner |
|---|---|---|---|
| Context window Maximum number of input tokens the model can attend to in a single request. | 256K | 400K | 🏆 OpenAI: GPT-5.4 Nano |
| Input price (per 1M) Cost per million input tokens billed by the provider. | $0.09 | $0.20 | 🏆 Mistral: Mistral Small 3.2 24B |
| Output price (per 1M) Cost per million output tokens billed by the provider. | $0.25 | $1.25 | 🏆 Mistral: Mistral Small 3.2 24B |
| Tool / function calling First-class support for emitting structured tool calls. | Yes | Yes | Tie |
| Vision input Accepts image inputs alongside text. | Yes | Yes | Tie |
| Reasoning mode Internal chain-of-thought / extended-thinking support. | — | Yes | 🏆 OpenAI: GPT-5.4 Nano |
Frequently asked questions
Is Mistral: Mistral Small 3.2 24B better than OpenAI: GPT-5.4 Nano?
Mistral: Mistral Small 3.2 24B and OpenAI: GPT-5.4 Nano are evenly matched on 6 axes — pick the one whose provider, latency, or licensing fits your stack.
What's the price difference between Mistral: Mistral Small 3.2 24B and OpenAI: GPT-5.4 Nano?
Input: $0.09 vs $0.20 per 1M tokens. Output: $0.25 vs $1.25 per 1M tokens.
What context windows do Mistral: Mistral Small 3.2 24B and OpenAI: GPT-5.4 Nano support?
Mistral: Mistral Small 3.2 24B supports up to 256K tokens. OpenAI: GPT-5.4 Nano supports up to 400K tokens.
Do both Mistral: Mistral Small 3.2 24B and OpenAI: GPT-5.4 Nano support tool calling?
Mistral: Mistral Small 3.2 24B: yes. OpenAI: GPT-5.4 Nano: yes.